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What Is Your Lowest National Bank Note Charter Number?

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Coinfrog's Avatar
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 Posted 06/29/2017  5:49 pm Show Profile   Bookmark this topic Add Coinfrog to your friends list Get a Link to this Message Number of Subscribers
Always been curious about this. This should be over quickly, so I'll lead off:



What-Is-Your--Lowest-National-Bank-Note-Charter-Number?
Edited by Coinfrog
06/29/2017 7:05 pm
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WheatBack's Avatar
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 Posted 06/29/2017  8:35 pm  Show Profile   Bookmark this reply Add WheatBack to your friends list Get a Link to this Reply
Next we need a highest charter thread!
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scopru's Avatar
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 Posted 06/30/2017  07:51 am  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
coinfrog that is a fantastic note!

My lowest is 64.




What-Is-Your--Lowest-National-Bank-Note-Charter-Number?
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Coinfrog's Avatar
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 Posted 06/30/2017  5:14 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Nice - I have a note on this bank somewhere as well. Sure let's do the highest charter number next, which shouldn't be long - as I said, this will likely be a very short thread.
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 Posted 06/30/2017  5:24 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
scopru - Here is that Charter 64 like yours. Seems to be a fairly common bank.



What-Is-Your--Lowest-National-Bank-Note-Charter-Number?
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mfhorn's Avatar
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 Posted 06/30/2017  10:32 pm  Show Profile   Bookmark this reply Add mfhorn to your friends list Get a Link to this Reply
Posted once before; Lowest and Highest.

What-Is-Your--Lowest-National-Bank-Note-Charter-Number?
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scopru's Avatar
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 Posted 07/01/2017  12:54 am  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
Mfhorn well done! Two great notes.
Coinfrog I agree charter 64 is fairly common. You note is another fantastic one.
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Coinfrog's Avatar
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 Posted 07/01/2017  5:18 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
mfhorn - I knew you would surface sooner or later! Great notes.

scopru - Thanks - saw two more sell this weekend.

Well, I guess that ends this thread.

Goodnight ladies!
Edited by Coinfrog
07/01/2017 6:00 pm
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 Posted 07/02/2017  11:10 am  Show Profile   Bookmark this reply Add mfhorn to your friends list Get a Link to this Reply
Coinfrog: I'm always lurking around, just don't post much.

Picked up this Youngstown,Ohio note a few weeks ago. Would you know what bank is #2?



What-Is-Your--Lowest-National-Bank-Note-Charter-Number?

Scopru: Thank You..
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 Posted 07/02/2017  5:02 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Yes, #2 is FNB of New Haven, CT. Seeing your Youngstown note makes me wonder how they assigned charter numbers back (in this case) for the original series of 1863. How would Youngstown have been assigned such a low number? According to the census, the population in 1863 was only about 4,000.
Edited by Coinfrog
07/02/2017 5:15 pm
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 Posted 07/02/2017  6:16 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply

Quote:
how they assigned charter numbers back (in this case) for the original series of 1863. How would Youngstown have been assigned such a low number?


Charter numbers were granted to banks on a first come, first serve basis.

What I mean is if the bankers had all their paperwork, purchased the necessary bonds which granted them circulation privilege before they would be granted a charter.

Jay Cooke, a financier suggested national banks chartered by the government to the Lincoln administration. When the legislation passed the group of Philadelphia bankers sought to be the first bank chartered by the government.

I just found a source that stated, the First National Bank of New Haven actually had their paperwork in first on May 25, 1863 whereas the Philadelphia bankers filed on May 28th.

A member of the New Haven organizers, Representative James E. English politely withdrew New Haven's so that Jay Cooke's would become the first chartered under the new program.

Source of the above: https://archive.org/stream/historyo.../50/mode/2up

Edited by MeadowviewCollector
07/02/2017 6:37 pm
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Coinfrog's Avatar
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 Posted 07/02/2017  6:27 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
MV - Great input as always, you are the official forum historian for sure. Thanks very much for this!
Edited by Coinfrog
07/02/2017 7:35 pm
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 Posted 07/02/2017  10:33 pm  Show Profile   Bookmark this reply Add mfhorn to your friends list Get a Link to this Reply
MV....Ditto what Coinfrog said! Thank You.
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